Podcast
One-minute tax tips from Dr. Friday. Quick answers to the questions clients ask most, more than nine hundred of them.
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Deductions & credits
Dr. Friday discusses the mortgage interest deduction and its impact on tax savings. She explains that unless the mortgage interest, property taxes, and sales tax exceed the standard…
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Deductions & credits
When it comes to charitable deductions, cash donations up to 60% of your income are straightforward. However, for non-cash donations like stocks, art, or furniture valued over $2,500,…
ListenIn this episode, Dr. Friday explains the Child Dependent Care Credit, which allows you to claim up to $3,000 in expenses for a single child and a maximum…
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Deductions & credits
In this episode, Dr. Friday provides valuable insights into the Lifetime Learning Credit, a tax credit designed to help offset the costs of higher education. He explains the…
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Deadlines & filing
Dr. Friday, of Dr. Friday's Tax and Financial Firm, offers valuable insights on handling 1099-K forms for individuals selling personal items. The IRS allows the declaration of these…
ListenDr. Friday, the president of Dr. Friday's Tax and Financial Firm, clarifies the evolving situation regarding 1099-K forms, which are critical for individuals and small businesses engaging in…
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Small business & self-employed
Dr. Friday, president of Dr. Friday's Tax and Financial Firm, shares exciting news for small business owners in Tennessee. She discusses the recent Notice 2308, issued in May…
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Retirement & Social Security
Dr. Friday, the head of Dr. Friday's Tax and Financial Firm, highlights a significant update from the SECURE Act 2.0 regarding retirement savings. Starting December 31, 2024, individuals…
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Retirement & Social Security
Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, delves into the recent updates of the SECURE Act 2.0, particularly focusing on the postponed changes to catch-up…
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Retirement & Social Security
Dr. Friday, the leader of Dr. Friday’s Tax and Financial Firm, discusses the recent changes to the Required Minimum Distributions (RMDs) age threshold. She explains that individuals who…
ListenDr. Friday, the president of Dr. Friday's Tax and Financial Firm, takes listeners on a historical journey through the origins of Tax Day in the United States. She…
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IRS letters & problems
Dr. Friday, an experienced enrolled agent and president of Dr. Friday’s Tax and Financial Firm, delves into the process of helping individuals become compliant with the IRS. She…
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